Multi Asset

BlackRock ESG Strategic Growth Fund

Overview

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested. Changes to interest rates, credit risk and/or issuer defaults will have a significant impact on the performance of fixed income securities. Noninvestment grade fixed income securities can be more sensitive to changes in these risks than higher rated fixed income securities. Potential or actual credit rating downgrades may increase the level of risk. Emerging markets are generally more sensitive to economic and political conditions than developed markets. Other factors include greater 'Liquidity Risk', restrictions on investment or transfer of assets and failed/delayed delivery of securities or payments to the Fund. Currency Risk: The Fund invests in other currencies. Changes in exchange rates will therefore affect the value of the investment. Derivatives are highly sensitive to changes in the value of the asset on which they are based and can increase the size of losses and gains, resulting in greater fluctuations in the value of the Fund. The impact to the Fund can be greater where derivatives are used in an extensive or complex way.
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Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
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Reinvestments

This fund does not have any distributions data as of now.
  From
30-Sep-2016
To
30-Sep-2017
From
30-Sep-2017
To
30-Sep-2018
From
30-Sep-2018
To
30-Sep-2019
From
30-Sep-2019
To
30-Sep-2020
From
30-Sep-2020
To
30-Sep-2021
Total Return (%)

as of Sep 30, 2021

- - 5.26 3.52 12.40
  1Y 3Y 5Y 10y Incept.
10.30 8.47 - - 7.39
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
7.83 0.48 0.64 10.30 27.62 - - 25.38
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

Key Facts

Key Facts

Size of Fund (Millions) as of Dec 3, 2021 GBP 43.624
Price Yield as of Dec 3, 2021 0.71
Number of Holdings as of Oct 29, 2021 163
Base Currency British Pound
Fund Inception Date Sep 28, 2018
Share Class Inception Date Sep 28, 2018
Asset Class Multi Asset
Investment Association Category -
Domicile United Kingdom
Regulatory Structure UCITS
Management Company BlackRock Fund Managers Ltd
Ongoing Charge 0.24%
ISIN GB00BFBFWZ75
Bloomberg Ticker BRSTGIA
Annual Management Fee 0.22%
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL BFBFWZ7
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment GBP 1000000
Minimum Subsequent Investment GBP 100
Use of Income Accumulating

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics can help investors integrate non-financial, sustainability considerations into their investment process. These metrics enable investors to evaluate funds based on their environmental, social, and governance (ESG) risks and opportunities. This analysis can provide insight into the effective management and long-term financial prospects of a fund.


The metrics below have been provided for transparency and informational purposes only. The existence of an ESG rating is not indicative of how or whether ESG factors will be integrated into a fund. The metrics are based on MSCI ESG Fund Ratings and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind Sustainability Characteristics, using links below.

MSCI ESG Fund Rating (AAA-CCC) as of Nov 5, 2021 AA
MSCI ESG Quality Score (0-10) as of Nov 5, 2021 7.86
MSCI ESG Quality Score - Peer Percentile as of Nov 5, 2021 85.85
MSCI ESG % Coverage as of Nov 5, 2021 88.16
Fund Lipper Global Classification as of Nov 5, 2021 Mixed Asset GBP Aggressive
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of Nov 5, 2021 90.29
Funds in Peer Group as of Nov 5, 2021 643
All data is from MSCI ESG Fund Ratings as of Nov 5, 2021, based on holdings as of Jun 30, 2021. As such, the fund’s sustainable characteristics may differ from MSCI ESG Fund Ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% of the fund’s gross weight must come from securities covered by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. For newly launched funds, sustainability characteristics are typically available 6 months after launch.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Business Involvement metrics, using links below.

MSCI - Controversial Weapons as of Oct 29, 2021 0.05%
MSCI - UN Global Compact Violators as of Oct 29, 2021 0.00%
MSCI - Nuclear Weapons as of Oct 29, 2021 0.05%
MSCI - Thermal Coal as of Oct 29, 2021 0.00%
MSCI - Civilian Firearms as of Oct 29, 2021 0.00%
MSCI - Oil Sands as of Oct 29, 2021 0.00%
MSCI - Tobacco as of Oct 29, 2021 0.02%

Business Involvement Coverage as of Oct 29, 2021 72.97%
Percentage of Fund not covered as of Oct 29, 2021 27.03%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.00% and for Oil Sands 0.00%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

ESG Integration

ESG Integration

ESG integration is the practice of incorporating material environmental, social and governance (ESG) information or insights alongside traditional measures into the investment decision process to improve long term financial outcomes of portfolios. Unless otherwise stated in Fund documentation or included within the Fund’s investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective, but rather describes how ESG information is considered as part of the overall investment process.


The Fund manager incorporates ESG considerations throughout the investment process’ macro outlook, idea generation, implementation tools, portfolio construction, risk management, ongoing monitoring and reporting. All research ideas generated for the Fund consider the potential impact from ESG-associated risks, and these are documented as part of the investment process. Idea implementation uses a wide range of building blocks, including active mutual funds, index funds, ETFs, direct securities, derivatives, and third-party funds. The Fund manager reviews research ideas and asset allocation on a regular basis and reassesses each of the building blocks utilized to access research ideas. The choice of building block is informed by ESG considerations. For strategies with an explicit ESG objective, certain building blocks are used to comply with those guidelines. Where an ESG focused building block becomes available, it will be considered as a replacement for standard market exposure. Both the extent and impact of screens and integration are considered in the context of the investment objective / investment style of particular strategies. The Fund manager may also build bespoke thematic baskets of securities, which are subject to BlackRock baseline screens in the first instance and where appropriate, additional screening criteria. The Fund manager uses E, S, and G criteria such as headline ESG and carbon footprint during the reporting phase. These are sourced from Aladdin or directly from third-party data providers. The Fund manager conducts regular portfolio monitoring with BlackRock’s Risk and Quantitative Analysis group, as well as portfolio reviews with Chief Investment Officers. These reviews include discussion of the portfolio’s exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors.

Ratings

Risk Indicator

Risk Indicator

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7
Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Oct 29, 2021
Name Weight (%)
ISHARES MSCI WORLD SRI UCITS USD_D 9.15
TREASURY (CPI) NOTE 0.875 01/15/2029 8.06
ISHARES MSCI EUROPE SRI UCITS ETF 8.00
ISHARES $ CORP BOND ESG UCIT USDHD 7.72
ISHARES EURO CORP BOND ESG UCITS 7.13
Name Weight (%)
ISHARES J.P. MORGAN ESG $ EM USDHA 4.60
ISH MSCI USA SRI ETF USD ACC 4.47
ISH MSCI EM SRI ETF USD ACC 4.44
ISH ED MSCI USA QUAL FCTR ETF 2.86
ISHARES MSCI EUROPE QUALITY FACTOR 2.85
Holdings subject to change

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN TIS
I GBP - 1.26 0.01 0.48 1.28 1.14 1.26 GB00BFBFWZ75 -
D GBP - 1.26 0.01 0.48 1.28 1.14 1.26 GB00BFBFWY68 -
X GBP - 1.27 0.01 0.48 1.28 1.15 1.26 GB00BFBFX095 -

Portfolio Managers

Portfolio Managers

Adam Ryan
Portfolio Manager and Head of Diversified Strategies, Multi Asset Strategies & Solutions

Adam Ryan, Managing Director and portfolio manager

Lamiaa Chaabi
Lamiaa Chaabi

Literature

Literature